Robinhood beats revenue estimates, shares fall on decline in users

[ad_1] The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly…

GameStop shares soar on short squeeze, then ease in wild trade session

[ad_1] LONDON, Jan 25 (Reuters) – Shares of U.S. videogame retailer GameStop (GME.N) skyrocketed by 144% on Monday as short sellers scrambled to cover their positions in the stock, which…

Chinese fintech platforms expected to meet capital requirements within 2 years-regulator

[ad_1] BEIJING, March 2 (Reuters) – China’s financial technology companies are expected to meet capital adequacy requirements within a maximum of two years, said Guo Shuqing, head of the China…

Robinhood cutting 7% of its full-time employees

[ad_1] June 26 (Reuters) – Robinhood Markets (HOOD.O) said on Monday it was cutting about 7% of its full-time employees, as it struggles with reduced customer engagement. “We’re ensuring operational…

Bank of England sees potential risks from cloud data providers

[ad_1] [1/2]A general view shows The Bank of England in the City of London financial district in London, Britain, November 5, 2020. REUTERS/John Sibley LONDON, April 21 (Reuters) – The…

Bitcoin falls 3.7% to $24,987

[ad_1] June 14 (Reuters) – Bitcoin dropped 3.65% to $24,987 at 2103 GMT on Wednesday, losing $947 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down…

Robinhood Markets removes three crypto tokens

[ad_1] June 9 (Reuters) – Robinhood Markets (HOOD.O) said on Friday it is removing three cryptocurrency tokens from its platform, days after the U.S. securities regulator’s crackdown against the industry’s…

Crypto shares tumble as Binance SEC lawsuit ripples through industry

[ad_1] June 5 (Reuters) – Cryptocurrencies and shares in crypto and blockchain-related companies tumbled on Monday after the U.S. securities regulator sued crypto exchange Binance, another blow to the industry.…

OFFICIAL African fintech firm Flutterwave eyes U.S. listing after raising $170 mln

[ad_1] LAGOS, March 10 (Reuters) – Africa-focused payments company Flutterwave could consider a New York listing, its chief executive said after it raised $170 million from investors to expand its…

Ant Group weighs stake sale of Hong Kong virtual banking unit – Bloomberg News

[ad_1] May 5 (Reuters) – Ant Group Co (688688.SS) is considering selling its stake in its virtual banking unit in Hong Kong, Bloomberg News reported on Friday citing people familiar…